Posts by Dennis Sheridan

June 4, 2024 |

Gold IRA Withdrawal Rules: What You Need to Know About Taking Distributions

strength in gold bars and coins

Gold IRA ownership is a fantastic way to diversify your portfolio and hedge against inflation. However, just like traditional individual retirement accounts, the IRS has specific rules about when and how to take fund distributions. Knowing the Gold IRA withdrawal rules is essential for avoiding hefty tax penalties and early withdrawal fees.  Before you consider taking physical possession of precious metals like gold, silver, platinum, or palladium or selling them off, heed the following rules regarding mandatory minimum distributions, age requirements, and other regulations.   Gold... Continue Reading

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May 8, 2024 |

Gold IRA Custodians: What Are They, and What Do They Do?

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One of the most common questions we hear about Gold IRAs and other precious metal investments is where the materials go after you purchase them. As it turns out, gold you buy as part of a self-directed Gold IRA cannot remain with you. Instead, this gold (or other precious metals) must be placed in the hands of a trusted company called a Gold IRA custodian.  While you may prefer the idea of holding onto your precious metals for safekeeping, there are plenty of reasons Gold... Continue Reading

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April 18, 2024 |

5 Tips to Avoid Gold IRA Scams

Central Banks Are Still

Everyone who invests wants to protect their financial security. That includes those who turn to Gold IRAs to diversify their portfolios and hedge against inflation. That said, the increase in popularity among gold and other precious metals has led to an uptick in Gold IRA scams.  A Gold IRA is a reputable investment vehicle. You deserve to invest your hard-earned money with confidence. If you have concerns about how to identify Gold IRA scams and want to learn more about how to avoid them, the... Continue Reading

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